(Related to Checkpoint 4.4) (Market value analysis) Greene, Inc.'s balance sheet indicates that the book value of stockholders' equity (book value per share total shares outstanding) is $751,100. The firm's earnings per share are $3.11, which produces a price-earnings ratio of 11.75. If there are 52,000 shares of common stock outstanding, what is the firm's market-to-book ratio (i.e., the ratio of price per share to book value per share)? What does the market-to-book ratio tell us? The market-to-book ratio is (Round to two decimal places.) What does the market-to-book ratio tell us? (Select the best choice below.) A. This means that investors are willing to pay $2.53 for each $1 of shareholders' equity in the company's books. B. This means that investors are willing to pay $1 for each $2.53 of shareholders' equity in the company's books. C. This means that investors are willing to pay $3.11 for each $2.53 of shareholders' equity in the company's books. D. This means that investors are willing to pay $2.53 for each $3.11 of shareholders' equity in the company's books